0 sats \ 5 replies \ @Alby 11 Nov \ parent \ on: My First Hand Experience with Get Alby lightning
We don't charge any fees sir, it's all routing fees, depending on your channel situation
ok sir...in my experience the routing fees on alby are way higher than those on coinos.
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Its very hard to see the fees paid on past transactions- I looked but could not see them in any records on the wallet...at least not at first until I looked more...by looking under the globe symbol for 'manage your account'...not easy to find.
But I knew I saw them somewhere in the process of past payments so I just made one of 10000 sats to myself to another LN wallet- coinos and the fees cost was flashed up on the screen as the transaction processed 89 sats- but again there is no record anywhere I can find and once the screen flashup is gone I cannot find the fees cost.
Edit- Correction I have found the fees from past transactions can be found and its interesting reading. for a 1 sat payment a fee of 1 sat is charged. I never get charged that using coinos.io for such small payments.
So there you are 89sats on a 10000 sats transaction- maybe small potatoes but your fees charged need to be transparent and easily found - yes if you look they can be found but not easily imo.
So yes still much higher fees than coinos.io wallet.
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I think its the legacy as I don't manage any channels myself- I just use it for transactions.
Have found Alby does seem to have superior liquidity in some cases compared to coinos.
Perhaps superior liquidity comes at a price which would seem fair?